unit 1 Flashcards
1
Q
is sole trader got limited or unlimited liability
A
unlimited
2
Q
is partnership limited or unlimited liability
A
unlimited
3
Q
public limited company have
A
limited liability
4
Q
private limited company have
A
limited liability
5
Q
how do you get shares from a private limited company
A
by an agreement of the existing owners
6
Q
the financial information of a private limited company is made
A
public
7
Q
the financial information of a public limited company is made
A
public
8
Q
who is the owner of a public limited company.
A
the person or group with the majority of shares.
9
Q
a business is satisfying when
A
make just enough money to cover all costs